Basware’s automated solution covers all of Agilent’s relevant markets and countries with built-in VAT/tax compliance support, and also hands it better oversight and added visibility and control over account receivables.

Today, it is calculated that over 250 e-invoice service providers operate in the U.S. market. They create, send, and receive more than 15 different e-invoice formats and 40+ different subsets, creating a complex and diverse environment for electronic invoicing in the U.S.
The “Catalog of Electronic Invoice Technical Standards” It should lay the foundation for the U.S. market on selecting an invoice standard to accelerate the adoption of electronic invoicing by U.S. businesses.

It is doubtful the OMB will ever enact a policy towards mandatory e-invoicing and that it will be down to system vendors, payment service providers, banks and corporations to help drive adoption in the US, using a PEPPOL approach.

To prepare for these new tax rules, Invoiceware International examined how proposals such as raising import tariffs, the Border Adjustment Tax and indirect tax collections increase tax burdens for manufacturers